LRP Construct
ActiveSummary
The computed 12-month bankruptcy probability of LRP Construct is 2.4% (moderate). The 2025 annual accounts show equity of €281,438 and a net result of €79,032. Equity is growing by ~145.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 28254 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability89▼-11
Solvency84▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 4.46 against 3.2 in 2024; short-term debt: 20.6% and cash: 0.7% of total assets), and 41% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59%
Return on assets
16.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
98 d late
2022
65 d late
2021
87 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 62 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€281,438▲ 39.0%
2024 · €202,405
Total assets
€476,929▲ 36.0%
2024 · €350,756
Net result
€79,032▼ 48.1%
2024 · €152,141
Working capital
€339,822▲ 51.7%
2024 · €224,041
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11,203-€38,910▲ 247%€10,872▼ 72.1%€214,642▲ 1,874%€116,028▼ 45.9%
Net result€11,342within the sector's middle half-€30,564above the sector's middle half▲ 169%€6,358within the sector's middle half▼ 79.2%€152,141above the sector's middle half▲ 2,293%€79,032above the sector's middle half▼ 48.1%
Equity€13,842below the sector's middle half-€43,907within the sector's middle half▲ 217%€50,264within the sector's middle half▲ 14.5%€202,405above the sector's middle half▲ 303%€281,438above the sector's middle half▲ 39.0%
Total assets€52,326below the sector's middle half-€210,630within the sector's middle half▲ 303%€453,728above the sector's middle half▲ 115%€350,756above the sector's middle half▼ 22.7%€476,929above the sector's middle half▲ 36.0%
Debt€38,483-€166,724▲ 333%€403,463▲ 142%€148,351▼ 63.2%€195,492▲ 31.8%
Working capital€8,992within the sector's middle half-€47,935within the sector's middle half▲ 433%€229,289above the sector's middle half▲ 378%€224,041above the sector's middle half▼ 2.3%€339,822above the sector's middle half▲ 51.7%
Solvency26.5%within the sector's middle half-20.8%below the sector's middle half▼ 5.6pp11.1%below the sector's middle half▼ 9.8pp57.7%within the sector's middle half▲ 46.6pp59.0%within the sector's middle half▲ 1.3pp
Current ratio1.26within the sector's middle half-1.34within the sector's middle half▲ 0.082.12within the sector's middle half▲ 0.783.20within the sector's middle half▲ 1.094.46above the sector's middle half▲ 1.26
Return on assets (ROA)21.7%above the sector's middle half-14.5%within the sector's middle half▼ 7.2pp1.4%within the sector's middle half▼ 13.1pp43.4%above the sector's middle half▲ 42.0pp16.6%within the sector's middle half▼ 26.8pp
Staff (FTE)0.31.3▲ 333%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €476,929
Fixed assets
€38,849 ▲ 55.7%
Current assets
€438,081 ▲ 34.5%
Equity and liabilities €476,929
Equity
€281,438 ▲ 39.0%
Debt
€195,492 ▲ 31.8%
Debt's share of the balance-sheet total falls from 42.3% to 41.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€123,639▼
2024 · €222,436
Cash flow
€86,644▼
2024 · €159,935
Debt to equity
0.69▼
2024 · 0.73
ROE
28.1%▼
2024 · 75.2%
Interest coverage
21.99▲
2024 · 14.19
Debt ≤ 1 year
€98,258▼
2024 · €101,768
Debt > 1 year
€32,757▼
2024 · €46,583
Income taxes
€38,782▼
2024 · €50,314
Staff costs
€42,008▲
2024 · €3,988
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €3,988 | €42,008 | ▲ 953% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,570 | €6,765 | €5,483 | €7,795 | €7,612 | ▼ 2.3% |
| Other operating charges640/8 | €1,139 | €4,700 | €17,018 | €11,347 | €3,217 | ▼ 71.7% |
| Gross operating margin9900 | €15,912 | €50,375 | €33,373 | €237,771 | €168,864 | ▼ 29.0% |
| Operating profit (loss)9901 | €11,203 | €38,910 | €10,872 | €214,642 | €116,028 | ▼ 45.9% |
| Financial income75/76B | €148 | €3,582 | €1,548 | €3,493 | €7,410 | ▲ 112% |
| Recurring financial income75 | €148 | €3,582 | €1,548 | €3,493 | €7,410 | ▲ 112% |
| Financial charges65/66B | €8 | €44 | €4,254 | €15,679 | €5,624 | ▼ 64.1% |
| Recurring financial charges65 | €8 | €44 | €4,254 | €15,679 | €5,624 | ▼ 64.1% |
| Profit (loss) for the period before taxes9903 | €11,342 | €42,448 | €8,166 | €202,455 | €117,814 | ▼ 41.8% |
| Income taxes67/77 | - | €11,884 | €1,809 | €50,314 | €38,782 | ▼ 22.9% |
| Profit (loss) for the period9904 | €11,342 | €30,564 | €6,358 | €152,141 | €79,032 | ▼ 48.1% |
| Profit (loss) for the period to be appropriated9905 | €11,342 | €30,564 | €6,358 | €152,141 | €79,032 | ▼ 48.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €52,326 | €210,630 | €453,728 | €350,756 | €476,929 | ▲ 36.0% |
| Fixed assets21/28 | €8,723 | €20,561 | €18,953 | €24,948 | €38,849 | ▲ 55.7% |
| Tangible fixed assets22/27 | €8,723 | €20,561 | €18,953 | €24,948 | €37,449 | ▲ 50.1% |
| Plant, machinery and equipment23 | €6,133 | €5,588 | €8,885 | €8,843 | €22,361 | ▲ 153% |
| Furniture and vehicles24 | €2,590 | €13,373 | €8,868 | €8,030 | €8,312 | ▲ 3.5% |
| Other tangible fixed assets26 | - | €1,600 | €1,200 | €8,075 | €6,776 | ▼ 16.1% |
| Financial fixed assets28 | - | - | - | - | €1,400 | - |
| Current assets29/58 | €43,602 | €190,069 | €434,775 | €325,809 | €438,081 | ▲ 34.5% |
| Amounts receivable after more than one year29 | - | - | €111,091 | €107,131 | €103,117 | ▼ 3.7% |
| Trade receivables290 | - | - | - | - | €103,117 | - |
| Other amounts receivable291 | - | - | €111,091 | €107,131 | - | - |
| Amounts receivable within one year40/41 | €39,582 | €119,103 | €86,465 | €162,043 | €324,183 | ▲ 100% |
| Trade receivables40 | €38,945 | €95,113 | €68,373 | €61,907 | €92,316 | ▲ 49.1% |
| Other amounts receivable41 | €637 | €23,990 | €18,092 | €100,136 | €231,867 | ▲ 132% |
| Cash at bank and in hand54/58 | €4,020 | €3,156 | €1,959 | €32,107 | €3,199 | ▼ 90.0% |
| Deferred charges and accrued income490/1 | - | €67,810 | €235,260 | €24,528 | €7,582 | ▼ 69.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €52,326 | €210,630 | €453,728 | €350,756 | €476,929 | ▲ 36.0% |
| Equity10/15 | €13,842 | €43,907 | €50,264 | €202,405 | €281,438 | ▲ 39.0% |
| Contributions10/11 | €2,500 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €1,134 | €1,134 | €1,134 | €1,134 | €80,167 | ▲ 6,968% |
| Non-distributable reserves130/1 | €1,134 | €1,134 | €1,134 | €1,134 | €1,134 | = |
| Reserves not available under the articles1311 | - | €1,134 | €1,134 | €1,134 | €1,134 | = |
| Other1319 | €1,134 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | - | €79,032 | - |
| Profit (loss) carried forward14 | €10,208 | €40,772 | €47,130 | €199,271 | €199,271 | = |
| Amounts payable17/49 | €38,483 | €166,724 | €403,463 | €148,351 | €195,492 | ▲ 31.8% |
| Amounts payable after more than one year17 | - | - | - | €46,583 | €32,757 | ▼ 29.7% |
| Financial debts170/4 | - | - | - | €46,583 | €32,757 | ▼ 29.7% |
| Amounts payable within one year42/48 | €34,611 | €142,134 | €205,486 | €101,768 | €98,258 | ▼ 3.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €13,071 | €14,944 | ▲ 14.3% |
| Financial debts43 | - | - | €26,339 | - | - | - |
| Other loans439 | - | - | €26,339 | - | - | - |
| Trade debts44 | €33,913 | €126,310 | €159,342 | €36,574 | €20,488 | ▼ 44.0% |
| Suppliers440/4 | €33,913 | €126,310 | €159,342 | €36,574 | €20,488 | ▼ 44.0% |
| Taxes, remuneration and social security45 | - | €15,824 | €2,578 | €52,123 | €59,515 | ▲ 14.2% |
| Taxes450/3 | - | €15,824 | €2,578 | €52,123 | €59,515 | ▲ 14.2% |
| Other amounts payable47/48 | €697 | - | €17,227 | - | €3,311 | - |
| Accrued charges and deferred income492/3 | €3,873 | €24,590 | €197,977 | - | €64,476 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,342 | €30,564 | €6,358 | €152,141 | €79,032 | ▼ 48.1% |
| + Depreciation and write-downs630 | €3,570 | €6,765 | €5,483 | €7,795 | €7,612 | ▼ 2.3% |
| Operating cash flow (approximation) | €14,913 | €37,329 | €11,840 | €159,935 | €86,644 | ▼ 45.8% |
| Investment in fixed assets (approximation) | - | -€18,603 | -€3,874 | -€13,790 | -€21,513 | ▼ 56.0% |
| Change in cash | - | -€864 | -€1,197 | €30,148 | -€28,908 | ▼ 196% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2021net €152,141 ▲2,293%
Operating result €214,642, net result €152,141, both a record.
31-12
Financial
Equity above €200,000Eq €202,405 ▲303%
4 profitable years in a row build equity to €202,405.
06-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 98 days late
2023
31-12
Financial
Weakest financial yearnet €6,358 ▼79.2%
Net result drops to €6,358, the lowest in the series; recovery starts the following year.
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Maasmechelen · 2 establishment units since 2020
Ground area
1,118 m²
Building footprint
284 m²
Volume, LiDAR
1,356 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
LRP Construct
since 20202.305.994.658
Beautylicious
since 20242.367.220.068
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72014D0274/00C002 | Flanders | 914 m² | 1 · 162 m² | 5.5 m · 1 fl. |
| 73048B0963/00V000 | Flanders | 205 m² | 1 · 121 m² | 9.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,831 companies in sector 43211 we hold annual accounts for 10,335. 7,716 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43990Other specialised construction activities
96210Hairdressing and barber services
96220Beauty care and other beauty treatments
Contact
E-mail
pazleandro@icloud.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0750751492
Also
9925:BE0750751492
Registered
18-09-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.